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US Ethylene Spot Prices Hit A New Nine-year Low
Mar 27, 2018

According to news from ICIS News, Houston, March 20, US spot ethylene prices have fallen to the lowest level in the past nine years, mainly due to the continued increase in output due to the stimulation of new cracker installations, while demand is affected by downstream devices. Planned to reduce the impact of stoppages.
On March 20th, the spot price of ethylene in the United States was 16.25 cents/lb (US$358/ton), which was the lowest level since the week of December 12, 2008. The global economic recession triggered by the financial crisis at that time caused the US economy to decline.